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Vietnam’s real estate market recorded notable developments in Hanoi, Ho Chi Minh City, Bac Ninh and Hue. In Hanoi, more than 3.4 hectares of land in Dong Anh Commune were allocated to Thai Nam Land to develop housing for police officers and personnel. In Bac Ninh, a Vingroup consortium received the first land allocation of more than 100 hectares for a new urban area in the northwest, with total investment exceeding VND 41,000 billion. Meanwhile, new supply in western Ho Chi Minh City is expected to gain momentum as infrastructure investment continues and demand for upgraded housing rises, although choices in the market remain limited. Experts also said that Ho Chi Minh City needs to reduce urban costs, as high housing prices, congestion and expensive logistics are eroding the city’s concentration advantages. Land auctions remain a key focus. Ho Chi Minh City is preparing to auction eight medium and small land plots in the wards of Cho Lon, Phu Lam, Binh Thoi, Minh Phung and Tan Binh,...

The domestic real estate market recorded several notable developments in major urban areas. In Bac Ninh, a Vingroup consortium was allocated more than 100 hectares of land in the first phase to develop a new urban area in the northwest, with total investment exceeding VND 41 trillion. In Da Nang, the polycentric economic model is expected to create additional room for housing and workplace development, while the city has approved the investment policy for a concentrated social housing project in Ngu Hanh Son Ward with more than 3,000 units and total capital of nearly VND 4.2 trillion. In southern Da Nang, 150 podium shophouses at the Spana Tower, Cora Tower and S-Light Tower projects were introduced with advantages related to limited supply, design, customer flows, legal status and local infrastructure. In Ho Chi Minh City, a series of planning and land auction developments attracted attention. National Highway 13 is preparing for expansion, while additional connectivity options invo...

The real estate market today recorded several notable developments in major urban areas. In Ho Chi Minh City, the Lancaster Lincoln project on Nguyen Tat Thanh Street has been allowed to resume sales of nearly 400 apartments after being entangled in legal issues for almost a decade. Dai Quang Minh, a company under THACO, proposed studying and preparing plans for three transit-oriented urban development areas, including a site of more than 246 hectares around Thu Thiem Station. Also in Thu Thiem, five strategically located land plots with completed surrounding infrastructure are expected to be auctioned, with a combined starting price of more than VND12.5 trillion. The former Binh Chanh District Hospital site, covering more than 1.4 hectares, is also expected to be auctioned this year and is planned for low-rise housing. Housing supply continues to expand in major cities. Da Nang has approved the investment policy for a concentrated social housing project in Ngu Hanh Son Ward, with mo...

Vietnam’s real estate market is seeing notable developments involving land auctions, housing supply and policy discussions. In Ho Chi Minh City, five plots in Thu Thiem have a combined starting price of more than VND 12.5 trillion. All are located in prime positions and benefit from completed surrounding infrastructure. The city has also approved auction plans for three plots on No Trang Long, Nguyen Van Dau and Le Van Sy streets, in Binh Thanh and the former District 3. Meanwhile, Hanoi is planning two residential and mixed-use urban areas in Linh Nam Ward, part of the Red River scenic boulevard axis, with a total of 56,216 apartments and expected completion by the end of 2029 to 2030. More than one hectare of land in the new South Linh Dam urban area has also been allocated to IFT Company to develop housing for police officers. Regarding supply and corporate activity, the Ministry of Construction said condominium inventory exceeded 12,800 units in the second quarter, nearly four ti...

The real estate market is seeing notable developments in policy, supply, land auctions and capital flows. As the National Assembly discusses amendments to three laws related to real estate, land pricing, the use term of apartment buildings, compensation and resettlement remain key issues. Several lawmakers have proposed building a land price database based on actual transactions to reduce the risk of returning to administratively determined prices and better protect residents’ interests. Lawmaker Ta Van Ha also said that clearly defining apartment usage periods could help reduce the prices of older apartments and improve affordability. In addition, Nguyen Minh Tuan, Director of the Phu Tho Provincial Police, proposed legislating a ban on advertisements that exaggerate or misrepresent real estate projects before they are sold to customers. On the market front, the Ministry of Construction recorded more than 12,800 unsold apartment units in the second quarter, nearly four times higher ...

In land management, members of the National Assembly emphasized that building a land price database should rely on actual transaction data. They also raised concerns about avoiding any return to administrative pricing mechanisms to better protect residents’ interests. Meanwhile, proposed amendments related to land pricing are expected to potentially reshape the market “game,” with the new regulations tied to timelines and identification mechanisms that are under discussion at the National Assembly. In Hanoi, about 1 hectare of land within the new urban area Nam Ho Linh Đàm has been allocated to IFT to implement a housing project for public security personnel. On the market side, price and delivery updates continue to draw attention. Novaland set a target to hand over 2,265 apartments in the final months of the year, referencing Victoria Village and Aqua City as key projects. Separate coverage also highlighted ultra-luxury apartment pricing in Ho Chi Minh City, providing a range of av...

In the broader market picture, real estate capital in Southern Vietnam is reportedly moving away from core areas and flowing along infrastructure corridors toward new urban destinations, although not every location has the same level of advantages such as expressways or airports. In parallel, demand remains, but transactions appear cautious: buyers tend to focus on affordability, while market momentum is tied closely to the progress of infrastructure and the attractiveness of emerging locations. Elsewhere, developments and community activities at township projects are gaining attention. Masterise Homes held a thank-you music night for residents at Masteri Grand Coast, combining music, lighting, technology and installation art. Meanwhile, Van Phuc City organized the concert “To Quoc trong tim” on 23/8, adding a larger-scale cultural event to the entertainment and community ecosystem of the township. From the supply side, TT Genesis, developed by a Japan-invested joint venture, is expe...